The state’s business competition designed to bring entrepreneurs together with private investors and venture capitalists has extended its deadline for proposals to Dec. 31.
Project Vesto, which is supported by the Nevada Institute for Renewable Energy Commercialization and the governor’s Office of Economic Development, with a $100,000 prize was announced in October with an original deadline of Nov. 30 for the submission of a one-page business plan.
It’s the largest prize ever offered to a business competition winner in Nevada.
After submitting a one-page plan, entrants will present a 5-minute pitch in a room of venture capitalists and private investors. The top 10 will participate in an online vote and the winner is decided from there.
The competition is open to all startup and early-stage ventures with less than
$1 million in revenue and less than $100,000 in external equity investment. The winning business models are required to become Nevada-based entities and hold a Nevada business license.
Visit www.ves.to for more details.
Contact reporter Chris Sieroty at firstname.lastname@example.org or 702-477-3893.Follow @sierotyfeatures on Twitter.